ConsumerWatch: East Bay Doctor Who Lost Home Worries About Next Move

SAN FRANCISCO (CBS 5) — An East Bay man who lost his home after falling behind on his mortgage payments gets a brief reprieve, but is struggling to figure out his next move.

As CBS 5 Consumerwatch has been reporting, Dr. Myron Chase was hospitalized with congestive heart failure when he learned Wells Fargo Bank had sold his home. The sale came just three months after Chase, who used to work as a staff psychologist for the state, defaulted on his mortgage.

Chase said he made numerous efforts to save his home, including attending a workshop for homeowners in trouble, meeting with a housing counseling agency and filing the paperwork for a loan modification.

But, Wells Fargo has told Consumerwatch it has no record of Chase’s paperwork, or of his request for a loan modification.

“You see these things happen, and you think ‘there ought to be a law,” said Sherry Powers of the Unity Council, a nonprofit housing counseling agency in Oakland.

Chase, who is diabetic, is still in his home. But his days are numbered. His belongings are in storage, and he says he will likely move into his car in the coming days so he can keep his two dogs.

Those interested in reaching out to Dr. Chase can contact him by email at donate2DrChase@gmail.com or P.O. Box 19300, Oakland, CA 94619-0300.

(Copyright 2012 by CBS San Francisco. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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